The Paris Bourse gained 0.3% to 7,575 points, driven by Teleperformance (+1.4%), Kering (+1.2%) and Saint-Gobain (+1.1%).

Variations are likely to be limited until the publication of US consumer price figures at 2.30pm, which will test the credibility of the market's preferred disinflation scenario.

Since its low point at the end of October, the CAC 40 index has recovered 11.5% on a near-straight line, thanks to the easing of inflation, which suggests a more accommodating approach on the part of the major central banks.

Markets will be looking for reassurance that the Federal Reserve will not be able to use the argument of persistent inflation to justify its policy of high rates.

The core CPI index, the one most closely followed by the Fed, is forecast to slow to around 3% in November, a level it has not crossed on the downside since the spring of 2021.

Investors are also likely to adopt a wait-and-see attitude ahead of today's start of the Federal Reserve's two-day monetary policy meeting.

Although no major announcements are expected at the end of tomorrow's monetary policy meeting, market players will be on the lookout for any indications regarding the timing of future rate cuts.

In Germany, the ZEW index could show a slight brightening in economic expectations for the months ahead.

The macroeconomic agenda for the next few days also promises to be very busy, with the European Central Bank (ECB) monetary policy meeting scheduled for Thursday.

There will also be little movement on the foreign exchange market in the wake of the euro's severe correction, with traders clearly convinced that the ECB will beat the Fed to a rate cut.

The single currency is currently making a timid rebound (+0.2%) against the dollar to around 1.0780.

On the oil front, Brent crude is up 0.2% at around $76.4 a barrel.
In French company news, Saint-Gobain announced that it had signed a power purchase agreement (PPA) with CVE, an independent French renewable energy supplier, guaranteeing access to around 140 GWh of solar electricity in South Africa over a 20-year period.

TotalEnergies announced on Tuesday that it had acquired three start-ups (Dsflow, Predictive Layer, Time2plug) with the stated aim of accelerating its development in the electricity sector.

Finally, Renault Group announces that it will sell up to 211 million Nissan shares to Nissan, representing around 5% of the Japanese group's capital, out of the 28.4% of Nissan shares that were transferred by Renault to a French trust on November 8.

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